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Sensex rallies 1,300 pts in three days: Here's what is driving the markets

Wednesday's sharp rally came on the back of hopes that the end of the Russia-Ukraine war may be on the horizon as Russia on Tuesday said it would cut down its military operation in Ukraine.

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4 min read Last Updated : Mar 30 2022 | 4:10 PM IST

Equity markets surged on Wednesday putting brakes to last week’s volatility as they added on to their meagre gains of the last two sessions. The BSE Sensex rose 740 points to 58,683 levels, while the NSE Nifty50 climbed 172 points closing nearly 17,500 mark. With this, the two indices have logged in gains of 1,300 and 360 points, respectively, since Friday.

Wednesday’s sharp recovery came on the back of hopes that the end of the Russia-Ukraine war may be on the horizon as Russia on Tuesday said it would cut down its military operation in Ukraine.

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Topics : Sensex Markets Nifty BSE NSE Russia Ukraine Conflict stock markets

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